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Shawn Sullivan

shawnmsullivan@proton.me +1(620) 960-0992

$ 825,000

Est. payment -/mo

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3209 Norwalk AVE Dallas, TX 75220

8 Beds

8 Baths

5,136 SqFt

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,136 sqft

Price per Sqft $160

Subdivision Marshall Ter Add

MLS Listing ID 21227705

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1982

Annual Tax Amount $18,054

Lot Size 7,927 Sqft

Acres 0.182

Property Sub-Type Apartment

Property Description

This prime 8-unit multi-family asset offers a streamlined, low-maintenance entry into the high-growth Northwest Dallas rental market. The property features a uniform mix of 1-bedroom, 1-bathroom units, all of which have been recently enhanced with fresh paint and durable vinyl flooring, significantly reducing immediate capital expenditure and allowing a new owner to focus on operations rather than renovations. The investment structure is highly predictable, with all residents on 12-month leases that concurrently renew on July 1st, providing an ideal window for annual market-rate adjustments across the entire portfolio. A few units are currently available following recent turnover, this vacancy presents a strategic opportunity to capture current market premiums without the delay of lease expirations. Each unit boasts 8-foot ceilings, fully equipped kitchens, with all appliances and the high-demand convenience of in-unit washer and dryer hookups. Historically favored by professional tenants, the location provides exceptional connectivity to major regional employment engines, including Dallas Love Field Airport and the UT Southwestern Medical District. With quick access to I-35E and the Dallas North Tollway, this asset is positioned to benefit from the sustained demand for housing in one of the city's most rapidly appreciating zip codes. Full financials and utility records are available for review upon request.

Location

State TX

County Dallas

Community Community Mailbox

Direction GPS

Interior

Interior Features Cable TV

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Ceramic Tile, Laminate, Vinyl

Fireplace No

Appliance Electric Oven, Electric Range, Microwave, Refrigerator

Exterior

Parking Features Paved, Parking Lot

Pool None

Community Features Community Mailbox

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cable Available

Water Access Desc Public

Roof Type Composition,Shingle

Total Parking Spaces 12

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Foster

Middle Schools Cary

High Schools Jefferson

School District Dallas Isd

Others

Tax ID 00000431632000000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21227705

Shawn Sullivan

Agent

+1(620) 960-0992

Shawn Sullivan

3209 Norwalk AVE Dallas, TX 75220

Key Details

Location

Interior

Exterior

Building

Schools

Others

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3209 Norwalk AVE